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Financial Monkeys

Simon Reilly

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Financial Monkeys

Our Removing Your Roadblocks – May 15th E-Newsletter is being published Wednesday / Thursday.

After a full day of client calls on Wednesday, I’ll be traveling to the airport at 4pm PDT to catch a 7pm flight to Saskatoon, SK. The next morning brings two coaching calls and an 11am CST Financial Advisor Speaking Presentation to Advocis North Central Saskatchewan and then off to the airport at 12:30pm for a flight home.

Here is an article from our May 15th E-Newsletter;

Financial Monkeys

Let’s take a look at the following experiment that is said to be a myth.

The study had monkeys divided into four groups.

The first group of monkeys received shocks at regular intervals and developed ulcers in 24 days.

The second group of monkeys received shocks at random intervals and developed ulcers in 10 days. The second group not only had the shock but they never knew when it was coming.

The third group of monkeys had shocks at regular intervals and they had a shock avoidance button and if they timed it right, they could avoid the shock. The third group not only had the shock and knowing that they could avoid the shock had them developing ulcers in 8 days.

The fourth group of monkeys got shocks at random intervals and had a shock avoidance button. This created the situation where they thought they could avoid the shock and at the same time, they didn’t know when it was coming and they developed ulcers in 3 days.

You have the opportunity to be responsible for your life, for your business, for those around you, and for your environment to eliminate shocks and for the need of a shock avoidance button.

If you are a financial advisor and you are operating without values, a vision, a business plan and a budget cash flow then which Monkey Group do you fit into?

Thinking you can avoid a shock and not knowing when it is coming is known in some circles as “a game” or “a racket” that you play that fuels your addiction to adrenaline keeping you very busy so that you can avoid the pain that you are experiencing or so that you don’t have to face reality.

– photo courtesy of; http://www.houseoftheorangemonkey.co.uk/monkey/hats/bowler.htm